Product Manager, Medical Devices Salary

For Product Manager of Medical Devicess, yearly average wages total $83K annually. Men are slightly outnumbered by their female counterparts who answered the questionnaire, who make up a slight majority at 56 percent. Nearly all enjoy medical while almost all get dental coverage. Vision coverage is also available to a strong majority. Work is enjoyable for Product Manager of Medical Devicess, who typically claim high levels of job satisfaction. Respondents to the PayScale salary survey provided the data for this report.
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$50,817 - $130,520
(Median)
$51K
$83K
$130K
MEDIAN: $83,047
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$50,817 - $130,520  
   
Bonus
$0.00 - $16,347  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$51,881 - $140,110  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 83
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Job Description for Product Manager, Medical Devices

A product manager creates strategies and plans to implement medical devices into markets and to market them to appropriate parties. The product manager may oversee a sales and marketing team and may provide them with direction, including giving them tactics and tools in which to promote the products.

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Product Manager, Medical Devices Tasks

  • Identify markets and potential clients, as well strategies for building relationships.
  • Manage all sales for medical devices, from initial contact to analytics about markets.
  • Lead market research and customer outreach initiatives.
  • Mentor and train staff.

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Pay by Experience Level for Product Manager, Medical Devices

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Product Manager of Medical Devicess, more experience generally translates to higher pay. Inexperienced workers earn around $71K, but people who have been around for five to 10 years pull down a much higher average of $103K. The average pay reported by folks with 10 to 20 years of experience is around $110K. Seasoned veterans with 20 years under their belts enjoy a median income of $139K.

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Experience Affects Product Manager, Medical Devices Salaries

Late-Career
up arrow 58%

Experienced
up arrow 24%

Mid-Career
up arrow 17%

National Average
$88,000

Entry-Level
up arrow 19%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
56 %
Male
44 %

Years of Experience

1-4 years
36%
5-9 years
29%
10-19 years
26%
20 years or more
9%

Common Health Benefits

medical benefits Medical: 97% dental benefits Dental: 92%
vision benefits Vision: 77% employee benefits None: 1%
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